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ALEXANDRIA, Va. — Recently, the general counsel’s office at NCUA issued additional guidance on the E-Sign Act.

The guidance (NCUA Regulatory Alert No. 01-RA-03 (March 2001), available on the NCUA Web site (www.ncua.gov), noted that financial records can be preserved in any format that can be retrieved for future reference. It further clarified NCUA’s position on the E-Sign Act, which gave credibility to documents kept electronically.

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